Active

1500 W Southwest Loop 323

Tyler TX, 75701

$2,750,000


$461.10 per sqft

Active

5,964 sqft

Commercial

Built in 1980

Located at 1500 W SW Loop 323, this 5,964 SF building, formerly home to Red Lobster, sits on 1.737 acres in one of the city's busiest commercial corridors with over 35,000 vehicles per day on Loop 323. Its prime location offers outstanding visibility and high daily traffic, making it ideal for a wide range of business ventures. All FF&E included in the sale of the property, making it a turn key restaurant location for any operator.
The property features ample on-site parking, a flexible interior layout, and seamless access to major roadways. Surrounded by established retail, dining, and commercial establishments, this site is perfectly positioned to capture the attention of customers in a vibrant, growing market.

20824140

MLS ID

February 13, 2025

Updated

Interior Features

Total Stories

1


Floor Description

Carpet, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

1.74 Acres


Roof

Composition


Sewer

Public Sewer

Other Property Details

Taxes

$18,464


Tax Frequency

Annually


Garage

No


Parking

On Site, Paved


View

No


County

Smith


Water Source

Public


Utilities

Sewer Available, Water Available

Listed by Sam Scarborough with Scarborough Commercial Real LL
Listing Contact: 903-707-8560 

The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 2/13/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 2/13/2025 at 12:12 AM UTC

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